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Re: Ready for DOW bellow 5k in 2010-2013?      1-Nov-09 10:09 pm    
...US banks are not interested in the credit card business anymore...exceptions are only very reliable and rich clients...many banks started closing credit cards that were issued to their kind of risky clients...US banks want their clients to start using debit cards instead...it means cash must be available in the account...less credit equals less spending...US economy is the consumer based economy...only about 11-12% of GDP is generated from manufacturing...
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ob1965

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  Subject Author Rating Time of Post (ET)  
 
...when baby-boomers start cashing their 401k accounts ...
ob1965 1-Nov-09 05:02 pm  
 
Prescient words.
ibmaccounta... (1 Rating) 1-Nov-09 07:33 pm  
 
yep deutsche bank came out in august w/the foll...
jack7157318 (2 Ratings) 1-Nov-09 09:57 pm  
 
Re: Ready for DOW bellow 5k in 2010-2013?
ob1965 (1 Rating) 1-Nov-09 10:09 pm  
 
dont be so negative, we are waiting for the transp...
tagthatstoc... (1 Rating) 2-Nov-09 05:10 am  
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International Business Machines Corp. (IBM)

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On Feb 9: 123.21 Up 1.33 (1.09%)
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